For better and often for worse, the U.S.-led IMF and World Bank have dominated the post–World War II international economy.

The Bretton Woods system established the U.S. dollar as the world’s currency in the post-World War II global economy. As Allied forces viewed that the war was coming to an end, representatives ...

Investopedia / Madelyn Goodnight The Bretton Woods agreement established a new international monetary system in 1944, with gold as the basis for the U.S. dollar and fixed exchange rates.

He wants to reconnect to Bretton Woods but shrinks from addressing the central feature of the Bretton Woods System ...

They discussed the creation of an international monetary system—which became known as the Bretton Woods System—aimed at providing stability to the world’s economy after the war. The ...

The IMF and the World Bank were set up as guarantors of the global capitalist system with the US at its head, but now all is ...

Indeed, the life span of the Bretton Woods system was considerably shorter, and its operation more troubled, than is commonly reckoned. It was not until 1961, fifteen years after the IMF was ...

The postwar system created at the Bretton Woods, New Hampshire, conference in 1944 should be credited with economic growth, a reduction in poverty, and the absence of destructive trade wars. It built ...

Political support for the OECD proposal vanished, and the treaty was never ratified. Calls for a new Bretton Woods in the 1980s The exchange rate system was already unstable by the time the Second ...